NASDAQ:ARRY Array Technologies (ARRY) Stock Price, News & Analysis $9.70 +0.08 (+0.83%) (As of 10:19 AM ET) Add Compare Share Share Today's Range$9.52▼$9.8250-Day Range$9.57▼$14.1952-Week Range$9.34▼$26.64Volume477,760 shsAverage Volume5.69 million shsMarket Capitalization$1.47 billionP/E Ratio25.53Dividend YieldN/APrice Target$18.47 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Array Technologies alerts: Email Address Array Technologies MarketRank™ Stock AnalysisAnalyst RatingHold2.47 Rating ScoreUpside/Downside92.0% Upside$18.47 Price TargetShort InterestBearish17.41% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth23.53%From $1.02 to $1.26 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.34 out of 5 starsOils/Energy Sector95th out of 228 stocksMiscellaneous Manufacturing Industries Industry4th out of 8 stocks 4.2 Analyst's Opinion Consensus RatingArray Technologies has received a consensus rating of Hold. The company's average rating score is 2.47, and is based on 10 buy ratings, 8 hold ratings, and 1 sell rating.Amount of Analyst CoverageArray Technologies has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Array Technologies' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted17.41% of the outstanding shares of Array Technologies have been sold short.Short Interest Ratio / Days to CoverArray Technologies has a short interest ratio ("days to cover") of 4.8.Change versus previous monthShort interest in Array Technologies has recently decreased by 1.86%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldArray Technologies does not currently pay a dividend.Dividend GrowthArray Technologies does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ARRY. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 13 people have searched for ARRY on MarketBeat in the last 30 days. This is a decrease of -19% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Array Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Array Technologies insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.31% of the stock of Array Technologies is held by insiders.Read more about Array Technologies' insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Array Technologies are expected to grow by 23.53% in the coming year, from $1.02 to $1.26 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Array Technologies is 25.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Array Technologies is 25.32, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.43.Price to Earnings Growth RatioArray Technologies has a PEG Ratio of 0.55. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioArray Technologies has a P/B Ratio of 5.63. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Array Technologies' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 Media[Urgent] Hedge Funds Expect Major Crypto MovesIn the year following Bitcoin’s last Halving event, that happened in May of 2020… Bitcoin shot up over 550%. But that’s not all… Click here to register now. About Array Technologies Stock (NASDAQ:ARRY)Array Technologies, Inc. manufactures and sells ground-mounting tracking systems used in solar energy projects in the United States, Spain, Brazil, Australia, and internationally. The company operates in two segments, Array Legacy Operations and STI Operations. Its products portfolio includes DuraTrack HZ v3, a single axis tracker; Array STI H250 that delivers a lower levelized cost of energy with tracker system; Array OmniTrack; and SmarTrack, a software product that uses site-specific historical weather and energy production data in combination with machine learning algorithms to identify the optimal position for a solar array in real time to enhance energy production. Array Technologies, Inc. was incorporated in 1987 and is headquartered in Albuquerque, New Mexico.Read More ARRY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ARRY Stock News HeadlinesJune 27, 2024 | investorplace.com3 Solar Stocks to Buy on the Dip: June 2024June 15, 2024 | investorplace.comThe 3 Best Solar Stocks to Buy in June 2024July 8, 2024 | Colonial Metals (Ad)The asset beating inflation by 4xCentral Bank Gold Heist In Progress Central banks are buying gold at record rates... and billionaire investors are buying right along with them. Even Warren Buffett put over $500 million into gold. And with the help of a tax and penalty-free "Trump Loophole, " these investors are investing retirement into gold and other precious metals without having to put up any of their own cash. In our Free Retirement Protection Kit, we reveal all the details on how the rich use this loophole to protect and growth their retirement wealth in any economy…and show you how you can use it too.June 12, 2024 | globenewswire.comArray CEO Kevin Hostetler Testifies Before Congress on the Solar Manufacturing Boom from the Inflation Reduction ActJune 11, 2024 | barrons.comArray Technologies Stock Slides. CFO Departure Is a ‘Surprise,' Analyst Says.June 10, 2024 | globenewswire.comArray Technologies Announces Departure of Chief Financial OfficerJune 5, 2024 | globenewswire.comArray Technologies Appoints Neil Manning as President and Chief Operating OfficerJune 4, 2024 | investorplace.com3 Sleeper Solar Stocks That You Will Wish You Bought SoonerJuly 8, 2024 | Theo Trade (Ad)Dividends are costing you money!Retirement should be a time of relaxation and financial security, but rising inflation is threatening that idea for many Americans. 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That’s where Ultima Trades can help!May 23, 2024 | finance.yahoo.comArray Technologies, Inc.'s (NASDAQ:ARRY) Intrinsic Value Is Potentially 46% Above Its Share PriceMay 21, 2024 | bizjournals.comNew Mexicans to Know: Roman Romero has spent 17 years helping Array Technologies growMay 18, 2024 | markets.businessinsider.comWall Street’s New Darlings: 3 Stocks Soaking Up Analyst LoveMay 18, 2024 | investorplace.comWall Street's New Darlings: 3 Stocks Soaking Up Analyst LoveMay 17, 2024 | markets.businessinsider.comDeep Dive Into Array Technologies Stock: Analyst Perspectives (16 Ratings)May 13, 2024 | markets.businessinsider.comBalancing Act: Strong Performance Amidst Market Uncertainties Justifies Hold Rating on Array TechnologiesMay 13, 2024 | investorplace.comGreen Energy Gambles: 7 Speculative Plays for the Planet-Conscious InvestorMay 13, 2024 | seekingalpha.comArray Technologies: Intrigued But Not Yet ConvincedMay 12, 2024 | msn.comOppenheimer Upgrades Array Technologies (ARRY)See More Headlines Receive ARRY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Array Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/09/2024Today7/08/2024Next Earnings (Estimated)8/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Miscellaneous manufacturing industries Sub-IndustryElectric Utilities Current SymbolNASDAQ:ARRY CUSIP04269X10 CIK1100412 Webarraytechinc.com Phone505-881-7567FaxN/AEmployees1,028Year FoundedN/APrice Target and Rating Average Stock Price Target$18.47 High Stock Price Target$29.00 Low Stock Price Target$12.00 Potential Upside/Downside+90.8%Consensus RatingHold Rating Score (0-4)2.47 Research Coverage19 Analysts Profitability EPS (Most Recent Fiscal Year)$0.38 Trailing P/E Ratio25.47 Forward P/E Ratio9.49 P/E Growth0.55Net Income$137.24 million Net Margins8.09% Pretax Margin10.54% Return on Equity59.49% Return on Assets9.02% Debt Debt-to-Equity Ratio2.84 Current Ratio2.73 Quick Ratio2.10 Sales & Book Value Annual Sales$1.58 billion Price / Sales0.93 Cash Flow$1.84 per share Price / Cash Flow5.26 Book Value$1.71 per share Price / Book5.66Miscellaneous Outstanding Shares151,770,000Free Float151,299,000Market Cap$1.47 billion OptionableOptionable Beta1.66 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Kevin G. Hostetler (Age 56)CEO & Director Comp: $2.12MMr. Kurt R. Wood (Age 49)Chief Financial Officer Comp: $354.81kMr. Neil Manning (Age 53)Chief Operating Officer Comp: $826.52kMr. Tyson K. Hottinger (Age 43)Chief Legal Officer Comp: $653.7kMr. Terrance L. Collins (Age 59)Chief Human Resources Officer Comp: $713.48kMr. James Zhu (Age 62)Chief Accounting Officer Mr. Aaron GabelnickChief Strategy & Technology OfficerMr. Travis Rose (Age 50)Chief Revenue Officer Comp: $497.55kMs. Jessica Lawrence-VacaSenior Vice President, policy & external affairsMore ExecutivesKey CompetitorsGibraltar IndustriesNASDAQ:ROCKIDACORPNYSE:IDAPortland General ElectricNYSE:POROtter TailNASDAQ:OTTRALLETENYSE:ALEView All CompetitorsInsiders & InstitutionsAmerican TrustSold 1,491 shares on 6/11/2024Ownership: 0.013%DekaBank Deutsche GirozentraleBought 103,157 shares on 6/4/2024Ownership: 0.093%Cetera Advisors LLCBought 14,635 shares on 5/24/2024Ownership: 0.010%Redwood Grove Capital LLCBought 230,102 shares on 5/23/2024Ownership: 0.742%Swedbank ABBought 2,449,500 shares on 5/21/2024Ownership: 1.614%View All Insider TransactionsView All Institutional Transactions ARRY Stock Analysis - Frequently Asked Questions How have ARRY shares performed this year? Array Technologies' stock was trading at $16.80 at the beginning of the year. Since then, ARRY shares have decreased by 42.7% and is now trading at $9.62. View the best growth stocks for 2024 here. How were Array Technologies' earnings last quarter? Array Technologies, Inc. (NASDAQ:ARRY) released its quarterly earnings results on Thursday, May, 9th. The solar tracking solution reported $0.06 EPS for the quarter, topping analysts' consensus estimates of ($0.04) by $0.10. The firm's quarterly revenue was down 59.3% on a year-over-year basis. When did Array Technologies IPO? Array Technologies (ARRY) raised $676 million in an initial public offering (IPO) on Thursday, October 15th 2020. The company issued 33,800,000 shares at a price of $19.00-$21.00 per share. Goldman Sachs, JPMorgan Securities, Guggenheim Securities and Morgan Stanley acted as the underwriters for the IPO and Credit Suisse, Barclays and UBS Investment Bank were co-managers. How do I buy shares of Array Technologies? Shares of ARRY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Array Technologies own? Based on aggregate information from My MarketBeat watchlists, some other companies that Array Technologies investors own include Puma Biotechnology (PBYI), BioMarin Pharmaceutical (BMRN), (MDVN) (MDVN), Incyte (INCY), First Solar (FSLR), Dynavax Technologies (DVAX) and United Airlines (UAL). This page (NASDAQ:ARRY) was last updated on 7/8/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentia...Priority Gold | SponsoredWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. 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